-> >>Have some fun, bid the $700, which won't meet the
-> >>reserve, and won't obligate you to buy the unit at
->
-> >If you know the reserve then this is shill bidding.
-> >If you don't know it then He's risking obligation.
->
-> OK, so I "could" be wrong, but the first bid is $700 (nobody
-> has bid yet),
-> and it is showing $700 with reserve not met, so a bid of
-> $700 and no more I
-> don't "think" can reach the reserve. Maybe I will go setup a
-> dopey auction
-> and test it myself.
->
What he is mentioning doing is not shill bidding. He is correct. When
and auction has "reserve not met" and no bids, a bid of the amount
listed as a the opening bid will not meet the reserve.
Shill bidding is using another name to bid on your own items, or having
someone else, who you know, bid on them.
Bill
whdawson
Received on Tue Oct 10 2000 - 14:55:14 BST
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